News & Stories

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Refurbishment with a tight budget

Hotel Daniel in Graz shines more brightly with two stars than four

3.11.2006

Graz. Oliver Massabni is the first architect saying that he could have saved even more money. But the Weitzer family, owner of Hotel Daniel in Graz, Austria, wanted to let the 2 stars shine with a kick. An ambitious team transformed the faded hotel still officially listed as a 4-star hotel, and located next to the central station, into Austria's first budget design hotel. Within a short time, occupancy and image experienced an incredible surge. A realistic guide for economy-minded investors and hoteliers.

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Daniel Graz is "Hotel Property of the Year"

27.10.2006

Munich. "Smart and chic, casual and affordable". These were the words of Jury Chairman Matthias Niemeyer. This year's winner of the "Hotel Property of the Year" 2006 award was the Hotel Daniel in Graz, Austria. The award was presented on Thursday night at Munich's Hotel Kempinski Vier Jahreszeiten.

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Your own four walls - at least temporarily

Fractionals make ownership in Portugal more affordable

27.10.2006

Lisbon. Fractionals are now enjoying increased popularity in Portugal. Leading destination is the Algarve, for many years already a top destination for Europeans, not only of the golfing variety. This form of holiday is an attractive investment for buyers, as here - quite different to the arrangement with timeshare - they are in fact owners of the property for their time slot. Legally, contracts are governed by English law.

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Plaza New York: Condo owners pay millions

27.10.2006

New York. When The Plaza New York reopens in spring - after a 350 million Dollar renovation - it will be a condo-hotel, whose 152 rooms will be sold for 1.6 million Dollar to 9 million Dollar apiece.

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Motel One: The new budget design

27.10.2006

Munich. The triple bed room is now finally a thing of the past. Now more design for the pound is in demand. At the Expo Real in Munich this week, the 2 star chain Motel One showed the first photos of their new look. From 45 Euros per room, the hotel chain offers a comfortable double bed that with clever use of decorative cushions and colourful bedspread, now appears an awful lot more noble. The television has become an LCD flat screen, there's a mobile workspace, seats and air-conditioning.

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Timeshare fastest growing segment

27.10.2006

Melbourne. The timeshare industry has emerged as the fastest growing segment in Australia's tourism industry, according to a new economic study.

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Dolder Grand Zurich even more expensive

13.10.2006

Zurich. The news about the cost increase from 300 to 400 million Swiss francs for the conversion of the Dolder Grand Hotel in Zurich has hardly died down, and already the Swiss media are reporting on even higher costs. An additional congress annex is planned.

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A harmony puzzle of light and pillars

Inspiring Mavida Balance Hotel & Spa in Austria

13.10.2006

Zell am See. The balancing of body and mind is what it is all about at the Mavida Balance Hotel and Spa, in Zell am See, Austria. The services of a resident psychiatrist complement the hotel's superb and spacious spa facilities of this new design hotel in a classical skiing destination. And, the hotel harmonises perfectly with the kids' hotel next door.

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US timeshare industry continues strong growth

13.10.2006

Washington D.C.. American timeshare sales climbed nine percent during 2005 to 8.6 billion USD over 2004 sales of 7.87 billion USD.

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Investment for eternity

GuestInvest introduces the condo hotel concept in UK

8.9.2006

Notting Hill. GuestInvest, founded by Johnny Sandelson, pioneered the condo-hotel structure in the UK with the launching of Guesthouse West, a boutique condo hotel property in Notting Hill, in spring 2004. The project enjoyed quick success and GuestInvest plans to expand the scheme to other hotels across the UK and the Continent over the next two years.

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